capitalpropertiesfx

EURUSD ahead of the German GDP

FX:EURUSD   Euro / U.S. Dollar
160 0 1
Not much to add here. No doubt we are sitting on a very strong support levels but in the same time, EUR is under huge pressure, so the current area may break eventually without anykind of meaningful retracement.

In the same time - we should not forget that nothing moves in a straight line, so a violent push to the upside, to scare the shorts a bit , may happen as well.

Whatever the case will be - German GDP figure is the perfect trigger.
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